John M. Collard, CTP, CITM and chairman of Strategic Management Partners (SMP), has been recognized by SmartCEO Magazine for his distinguished career and achievements in the turnaround community.

Collard has grown Strategic Management Partners into a nationally recognized turnaround management firm, which specializes in interim executive leadership, asset and investment recovery, board and private equity advisory, raising capital and investing in and rebuilding underperforming troubled companies. Collard is a founder and past chairman of the Turnaround Management Association, a professional membership community that seeks to strengthen the global economy by working to save distressed businesses. He is also past chairman of the Association of Interim Executives and a senior fellow of the Turnaround Management Society.

During his career, Collard has been honored numerous times for his efforts to work with and save distressed companies and his contributions in the turnaround community. In 2014, he was named by The Daily Record as one of Maryland’s Most Admired CEOs. In 2009, he won the Turnaround Atlas Award: Boutique Turnaround Consulting Firm of the Year by Global M&A Network. And in 2008, he was inducted into the Turnaround Management, Restructuring, Distressed Investing Industry Hall of Fame by the Turnaround Management Association.

“Turnarounds are like re-beginnings, you transform catastrophe, build action-oriented teams, differentiate and sell products and services, raise capital, and grow.”Collard said. “I have witnessed many changes and surprises in the business of turning around troubled companies. While interim CEO leadership is important, the trend today is toward adding advisors in the role of outside director at the company, to guide management and raise capital. I am very proud of the work that we have done and our many success stories. I am honored and very proud to receive this special award.”